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60 North High Street
Brassall, QLD 4305
For Sale
Overview
High earning leased NDIS home
Presenting a remarkable opportunity at 60 North High Street, Brassall, this fully leased and certified NDIS home stands out as a prime residential investment. With a secure lease term of 15 years and a net income of $80,000 per annum, this property surpasses typical duplexes and various forms of residential investments. Built to the highest Platinum standards, the home is spacious, contemporary, and designed for minimal maintenance over time. The current tenant is a high-needs individual supported by full-time care staff.
The lease details include a 15-year term with three 5-year options, generating a gross income of $84,000 per annum and net income of $80,000, with $3,480 in annual outgoings.
This property features two NDIS rooms with ensuites, a carers room, three bathrooms, and a lock-up garage, all set on a generous 450 square meters of grounds that include a courtyard, alfresco area, and front porch.
Classified as a 1A residential building with NDIS Robust certification, the property boasts a net lettable area of 192.7 square meters, completed on December 24, 2020.
Conveniently located just 7 minutes from Coles, 3 minutes from the Medical Centre, and 10 minutes from Ipswich Hospital, this property offers easy access to essential amenities.
Investors can enjoy the security of a commercial head lease from a reputable NDIS operator, ensuring a steady income stream backed by long-term government funding. This stability enhances cash flow and reduces vacancy risks.
NDIS homes are purpose-built and scarce, allowing for premium rental rates that can yield returns significantly above standard residential properties. The demand for NDIS housing is on the rise, making this an appealing investment opportunity.
Furthermore, owning an NDIS property contributes positively to the lives of individuals with disabilities, providing them with high-quality, safe, and independent living options. This investment not only aims for profit but also addresses a critical housing shortage.
With the potential for capital growth and long-term demand, this property is well-positioned to benefit from both strong income and appreciation.
For more information or to arrange a private viewing, please reach out.
Location
Brassall QLD 4305
Measurements
| Type | Dimensions |
|---|---|
| Building Area Sqm | 192 |
| Floor Area | 192.70 sqm |
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.